Conflux and China Mobile's Migu Unveil the World's First Blockchain-Enhanced Video Ringtone
New York, USA, August 21, 2024, Chainwire
Conflux Network As China’s only compliant public blockchain, Conflux is joining forces with China Mobile, the leading telecommunications provider with over a billion active users each month. This collaboration seeks to innovate the concept of digital collectibles through Migu, the digital content division of China Mobile. Together, they will roll out advanced digital items, including dynamic video ringtones, digital identities, and blockchain-embedded communication devices, all powered by the Conflux TreeGraph public blockchain.
The initiative marks a pioneering moment as it introduces the first-ever public blockchain-based digital video ringtone. This collection, called \"MIGO and His Friend ConFi,\" is scheduled to launch on August 23, 2024, at 10 AM Beijing Time, and will be available for purchase through the Digital Collectibles section on the Migu Music App.
This collection features characters from Conflux’s mascot, “ConFi,” alongside “MIGO,” China Mobile Migu’s pioneering NFT product. The series integrates real-life landmarks from Hong Kong to tell a story of friendship through captivating visual storytelling. The “MIGO and His Friend ConFi” video ringtones will be sold as mystery boxes, with 5,000 units available at 13.9 RMB (2 USD) each. Of these, 500 units are rare editions, representing just 1% of the total. These video ringtone mystery boxes offer a cutting-edge 5G experience, combining personalization, social interaction, and interactivity. Users can view the corresponding video ringtone directly on their phone screens during calls without needing to install additional software.
Since its establishment in 2021, Migu has rapidly become one of China Mobile's most thriving ventures, championing immersive media innovations. The platform has been at the forefront of advancing digital content, focusing specifically on ultra-high-definition video, video ringtones, cloud gaming, and various forms of virtual and augmented reality, all integral to their strategy for evolving within the Metaverse. This partnership with Conflux represents Migu's inaugural step into the realms of Metaverse and digital collectibles on a public blockchain network, thereby introducing this cutting-edge technology to Migu's vast user base of 120 million monthly active users.
About Conflux
Conflux Network Operating as a permissionless Layer 1 blockchain, Conflux connects global decentralized economies and various protocols. It incorporates a hybrid PoW/PoS consensus methodology, ensuring a fast, secure, and scalable blockchain infrastructure. With Conflux, issues like congestion are non-existent, transaction fees are minimized, and network security is significantly bolstered.
As the foremost regulatory-compliant public blockchain in China, Conflux provides a unique edge for projects aiming to penetrate the Asian market. The platform collaborates with esteemed global corporations and government bodies, pushing forward blockchain and Metaverse ventures. Some notable partnerships include collaborations with the city of Shanghai, China Telecom, Little Red Book (often compared to Instagram in China), McDonald’s China, and Oreo. For more information, users can explore additional resources: https://confluxnetwork.org/
About China Mobile Migu
China Mobile Migu operates as a dedicated subsidiary of China Mobile, concentrating on the mobile internet industry. The company is founded on the core philosophy of being a “digital content platform,” combining elements from both telecommunications and internet sectors. With its advanced technological framework, Migu continually enhances its core capabilities in content development, platform technology, and cloud networking. They are actively pursuing innovative operations that blend the internet with digital content, focusing on both content creation and strategic channel partnerships, while developing new integrated media platforms, digital content aggregation, and copyright management. Migu is on a mission to redefine user engagement with entertainment and culture. With an impressive number of 400 million video ringtone users, 25 million digital smart users, over 60 million e-books, and more than 130 published works, Migu also boasts 2,300 cloud games servicing 120 million active users, establishing itself as a leading culture-tech brand and a cutting-edge new media platform.
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